Stock futures give up their gains and now point to a lower start as European markets fall. The Ted Spread — the difference between what banks pay for three month loans (3-month Libor) and what the U.S. government pays (3-month T-bills) — is up 44 basis points to 4.00%, which is a sign that market unease remains high. September same-store [...]
CHICAGO (Dow Jones)–A closely watched indicator of business activity in the
Chicago region showed higher-than-expected growth in September while pointing to
continued inflationary pressure.
Data released Tuesday by the Institute for Supply Management-Chicago also showed
that Chicago-area purchasing managers surveyed last week weren’t experiencing any
disruption in their normal course of financial management.
ISM-Chicago’s business barometer for September came in at [...]
(Updates with further information from the NAPM-Chicago report, market reaction and comment from an analyst)
By Stephen Wisnefski and Howard Packowitz
Of DOW JONES NEWSWIRES
CHICAGO -(Dow Jones)- A closely watched indicator of business activity in the Chicago area improved in March from the previous month, but continued to point to a contraction in the economy [...]
Updates, advisories and surprises
By MarketWatch
Last Update: 4:31 PM ET Apr 10, 2008
(4:18 PM ET) BOSTON (MarketWatch) — Genentech Inc.(DNA)reported a 12% boost in
its bottom-line late Thursday, due largely to increased sales for its cancer
medications. For the quarter ended March 31, Genentech posted net income of $790
million, compared with $706 million for the previous year’s quarter. [...]
Wall Street Will Study Federal Data This Week on Trade Deficit and Retail Sales NEW YORK (AP) — Investors will get a few snapshots of the economy’s health this week when they return from their Fourth of July vacations and prepare for earnings season.Wall Street is hoping for signs that the economy is on the [...]
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